WillScot Mobile Mini Holdings (FRA:WS11) Days Payable : 31.45 (As of Mar. 2024)

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What is WillScot Mobile Mini Holdings Days Payable?

WillScot Mobile Mini Holdings's average Accounts Payable for the three months ended in Mar. 2024 was €86 Mil. WillScot Mobile Mini Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €249 Mil. Hence, WillScot Mobile Mini Holdings's Days Payable for the three months ended in Mar. 2024 was 31.45.

The historical rank and industry rank for WillScot Mobile Mini Holdings's Days Payable or its related term are showing as below:

FRA:WS11' s Days Payable Range Over the Past 10 Years
Min: 31.9 Med: 56.2 Max: 74.27
Current: 31.9

During the past 9 years, WillScot Mobile Mini Holdings's highest Days Payable was 74.27. The lowest was 31.90. And the median was 56.20.

FRA:WS11's Days Payable is ranked worse than
65.41% of 925 companies
in the Business Services industry
Industry Median: 47.73 vs FRA:WS11: 31.90

WillScot Mobile Mini Holdings's Days Payable declined from Mar. 2023 (38.14) to Mar. 2024 (31.45). It may suggest that WillScot Mobile Mini Holdings accelerated paying its suppliers.

WillScot Mobile Mini Holdings Days Payable Historical Data

The historical data trend for WillScot Mobile Mini Holdings's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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WillScot Mobile Mini Holdings Days Payable Chart

WillScot Mobile Mini Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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55.61

62.42

44.48

37.24

35.17

WillScot Mobile Mini Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															38.14	33.19	31.44	30.58	31.45

Competitive Comparison of WillScot Mobile Mini Holdings's Days Payable

For the Rental & Leasing Services subindustry, WillScot Mobile Mini Holdings's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

WillScot Mobile Mini Holdings's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, WillScot Mobile Mini Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where WillScot Mobile Mini Holdings's Days Payable falls into.

WillScot Mobile Mini Holdings Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

WillScot Mobile Mini Holdings's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (103.225	+	78.975)	/	2 )	/	945.332	*	365
=	91.1					/	945.332	*	365
=	35.17

WillScot Mobile Mini Holdings's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (78.975	+	92.451)	/	2 )	/	248.67	*	365 / 4
=	85.713					/	248.67	*	365 / 4
=	31.45

WillScot Mobile Mini Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of WillScot Mobile Mini Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

WillScot Mobile Mini Holdings (FRA:WS11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » WillScot Mobile Mini Holdings Corp (FRA:WS11) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WSC:USA

Address

4646 E Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008

Website

https://www.willscotmobilemini.com

WillScot Mobile Mini Holdings Corp is a business services provider specializing in innovative flexible work space and portable storage solutions. The company's segment includes Modular Solutions and Storage Solutions. It generates maximum revenue from the Modular Solutions segment. The company serves furniture rental, transportation and logistics, facility management, job site services, commercial storage, and commercial real estate sector. Geographically, it derives a majority of its revenue from the United States.

WillScot Mobile Mini Holdings (FRA:WS11) Headlines

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